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News appears to be underplaying Goldman Fraud Charges - But didn't Tiger Woods & Massa!

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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 01:44 PM
Original message
News appears to be underplaying Goldman Fraud Charges - But didn't Tiger Woods & Massa!
Edited on Fri Apr-16-10 01:48 PM by FrenchieCat
Watching CNN and MSNBC, seems like Volcano and anything other than Goldman Sachs is getting
more airplay.

When it was Tiger Woods story, that was 24/7 for months.
When it was Massa, that was 24/7 for at least 3 days.

Somehow, it appears that this story is being subdued by the media.

Why is that?

Weren't Teabaggers created especially to rail against Banks and bankers?

So why is the media being so gentle on what is happening right now, if it points
that maybe some may get their just desserts after all?

I find the coverage of this big news which brought the Markets down at one point
as much as 140+ points very Interesting.

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lob1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 01:49 PM
Response to Original message
1. I don't know much about this story yet. They mentioned on the news
Goldman-Sachs getting busted, but the story was over before I finished cheering.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 01:50 PM
Response to Reply #1
2. I find that revealing.......
but will wait to see what develops.....
while taking notes.
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 01:52 PM
Response to Original message
3. Guy that comes on at 1PM on CNN did a decently long segment on it with his 2 commentators
...he seemed to think it was a big deal - was going to have them on later to follow up as they learned more.
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proudohioan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 02:10 PM
Response to Original message
4. Because we can't have the " investor class " getting too nervous....
Yeah, the M$M is pretty selective when it comes to reporting what's actually important as opposed to the hysteria inducing and shock value diversions and distractions that they just LOVE to report; it keeps them in big money and job security, and to hell with actual journalism and news.

Those teabaggers and that screeching Palin woman are what bring in rating$, not real news, especially not real news about any real reform going on, God fobid! Tiger Woods is just one more lovely distraction......
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 02:21 PM
Response to Original message
5. Haha! CNBC is calling this politically motivated!
Like duh. Seems like the Bail outs was the government bailing out the banks.
Seems like everything on wall street these days is directly related to politics.
What do these fools think brought the teabaggers to overexposure? Were they
complaining about politics and walls street converging? HA!
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 02:57 PM
Response to Original message
6. Where was the gaggle of geese during the Financial Criisis?? I did
not see them "camped out" near Wall Street.

Heck they hounded Tigers Tiny Kids>

Of course bullies always know who not to pick on.
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niceypoo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 03:00 PM
Response to Original message
7. CNBC is in panic mode over it
It is funny to watch
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Bullet1987 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 03:42 PM
Response to Original message
8. Because maybe they already know this story won't last long
And won't result in a major change. Even with the rare chance Goldman Sachs goes down hard, there will be another Wall Street group to replace it. The problem is the Wall Street culture, companies like Goldman merely are a product of said culture.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:17 PM
Response to Reply #8
9. Ok, cynical cynic you.
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:25 PM
Response to Original message
10. Teabaggers were created to rail against
President Obama.

The carnival barkers at corporatewhore central are assisting their whore cohorts in keeping it on the downlow.
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 02:26 PM
Response to Original message
11. the third rail in Media Advertising -- being critical of Financial Institututions
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-21-10 01:52 PM
Response to Original message
12. Ben Roth, Weather, Volcanos, and to Fat to Serve
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Old Troop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-21-10 07:57 PM
Response to Original message
13. Sex sells. NT
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marshall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-22-10 09:01 AM
Response to Original message
14. Everybody's fingers are in Goldman's pie
You won't see anything lasting come out of an investigation. Too many asses to cover.
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Joe Chi Minh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-22-10 09:14 AM
Response to Original message
15. Not the Seeking Alpha site. Really hilarious stuff.
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